Wealth Minerals (CVE:WML) Stock Price Down 10.5%

Wealth Minerals Ltd. (CVE:WML)’s stock price fell 10.5% during trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09. 44,400 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 97,515 shares. The stock had previously closed at C$0.10.

Wealth Minerals Stock Performance

The company has a market capitalization of C$26.87 million, a price-to-earnings ratio of -3.17 and a beta of 0.56. The company has a debt-to-equity ratio of 0.07, a current ratio of 15.96 and a quick ratio of 4.30. The stock has a 50 day simple moving average of C$0.09 and a two-hundred day simple moving average of C$0.14.

Wealth Minerals (CVE:WML) last announced its quarterly earnings results on Wednesday, July 24th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, analysts anticipate that Wealth Minerals Ltd. will post -0.1 earnings per share for the current year.

Wealth Minerals Company Profile

Wealth Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada, Chile, Peru, and Mexico. The company primarily explores for lithium, as well as precious metals and copper deposits. Its flagship property comprises the 100% owned Yapuckuta project that consists of 144 exploration concessions covering an area of approximately 46,200 hectares located in the Atacama Salar in Region II of Antofagasta, northern Chile.